“Meanwhile Crusader (through TEM) will concentrate on exploration at Gaia (and in Brazil) with a longer term objective of being able to justify the construction of L-Max® plants in Brazil and Portugal.
Lepidico will transfer its interest in TEM to Crusader, which will become the sole shareholder of TEM. TEM will maintain the Gaia application and associated rights on grant, but should Crusader elect to divest, TEM will transfer the application and associated rights to Lepidico.”
Hope CAS has not totally abandoned its Gaia applications. And Lpd May have to sort this licence out. Otherwise we would potentially have to confront another corporal in Portugal.
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